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Punjab National Bank is setting its sights on an ambitious Rs 30 lakh crore in total business by the fiscal year’s end. With a noteworthy 11.6 per cent growth in total business reported for Q1, the bank is optimistic about achieving its goals, MD Chandra said.

India’s cooperative sector plans to launch a taxi service named Bharat. It aims to challenge Ola and Uber. The initiative has Rs 300 crore authorised capital. 200 drivers across four states are already onboard. The service focuses on better returns for drivers. It also aims to provide affordable and safe rides for passengers.

Next week, gold prices are poised for an upswing as the Federal Reserve hints at potential interest rate cuts. This, paired with the uncertainty surrounding US trade policies, has sparked a heightened interest in gold as a safe haven.

Samsung considers India a vital market with significant growth prospects. The company is optimistic about India’s future. Samsung plans to manufacture its new foldable phones in Noida. The brand focuses on innovation and local value addition. Samsung aims to reduce repair costs for consumers. The company is also streamlining its product range in India for…

India has opted not to direct its oil refiners to cease purchasing Russian oil, as officials carefully navigate the complexities of energy demands alongside diplomatic relations with US. While refiners have the flexibility to procure from preferred suppliers, Trump has openly criticised India for its ongoing partnership with Russia.

Nippon Life India Asset Management Ltd. expands financial inclusion by opening a branch in Leh, becoming the first asset management company with a physical presence in the high-altitude region.

Manipal Hospitals is planning to acquire Sahyadri Hospitals. The deal is estimated at around Rs 6,400 crore. Manipal has sought approval from the Competition Commission of India. This acquisition will significantly expand Manipal’s presence in western India. It will also increase Manipal’s total bed count to approximately 12,000. Sahyadri Hospitals currently operates 11 hospitals in…

Union Minister Nitin Gadkari announced that the Centre is framing a new mining policy to ease business operations. The policy aims to grant all necessary clearances within three months, enabling production to commence in the fourth month. Gadkari emphasized the removal of bottlenecks to facilitate quicker mining processes and boost employment opportunities in Vidarbha.

The Hyderabad metro rail corridor between MGBS and Chandrayangutta is gaining traction, with pillar marking and road widening underway. Engineering redesign has reduced affected properties, with compensation disbursed and demolitions completed. Preparatory work has commenced, including soil testing and utility shifting, with overhead electricity lines to be converted to underground cabling.

Prime Minister Narendra Modi is set to inaugurate the Yellow Line Metro in Bengaluru on August 10, connecting Rashtriya Vidhayala Road to Bommasandra. This ₹5,057 crore project aims to alleviate traffic congestion, particularly at Silk Board junction, and reduce commute times by up to 60% for tech workers traveling to Electronic City.